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Editor’s Note: This story originally appeared on NewRetirement.
Working as long as possible is a recommended retirement strategy for almost everyone.
There are so many benefits to working as long as possible, and they are not only financial. Working keeps you young, happy and healthy.
However, not everyone wants or needs to do it. And, finding a job after 50 can be hard. Here are some of the reasons why and tips for making it easier.
1. Know That Finding Work After 50 Can Be Hard
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A study by the Government Accountability Office (GAO) found that common barriers to employment for older workers can include:
Salary expectations that are too high
You have been working for a long time. You have built up your earnings. But, you may need to compromise on your pay as your skills might not be as up to date as they once were and pay for your job may not be as high as it once was.
- Maybe you can get more flexibility or ask for another kind of compensation.
It seems to be human nature to want to work with people who are like you.
- But to keep working, you may need to be comfortable rubbing elbows with people from different generations and make them comfortable with you.
Out of date skills
Technology and our culture is changing faster now than ever before in the history of humankind. Whether it is applying for a job via the web, email or a tweet … Or actually being able to operate the computer applications you might need for your desired career, technology and changes in technology can be completely overwhelming.
- It can be hard to keep up, but you must. And, the good news, is that if you can adapt to these new systems you are guaranteed to keep your brain in top working order. Learning new ways of doing things is arguably the best way to keep your brain young.
Expensive health benefits
The older we get, the more expensive health premiums can be. Companies can be reticent to bear the burden of those costs.
- Bigger companies will be less impacted than smaller firms.
Old habits (and ideas) die hard. We are only at the beginning of reinventing what it really means to be over 50, and stereotypes still exist. Unfortunately, many people still think of 50 as the beginning of decline rather than a vibrant time.</…….